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2007 ISD Summary Worksheet

182/Palo Pinto
182-906/Palo Pinto ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 236,155,670 .9568 246,818,217 236,155,670
B. Multi-Family Residences 2,764,820 N/A 2,764,820 2,764,820
C. Vacant Lots 65,924,350 1.0392 63,437,596 65,924,350
D. Rural Real(Taxable) 22,083,230 1.0463 21,106,743 22,083,230
F1. Commercial Real 9,672,950 N/A 9,672,950 9,672,950
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 20,460,360 1.0562 19,371,672 20,460,360
J. Utilities 7,417,420 N/A 7,417,420 7,417,420
L1. Commercial Personal 3,486,450 N/A 3,486,450 3,486,450
L2. Industrial Personal 210,760 N/A 210,760 210,760
M. Other Personal 546,220 N/A 546,220 546,220
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 257,790 N/A 257,790 257,790
S. Special Inventory 66,230 N/A 66,230 66,230
Subtotal 369,046,250 375,156,868 369,046,250
Less Total Deductions 16,286,310   17,188,307 16,286,310
Total Taxable Value 352,759,940 357,968,561 352,759,940 T2
Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 15,952,800 1.0490 15,207,626
Prod Value Qualified Acres 6,130,430 1.0392 5,899,117
Taxable Value 22,083,230   21,106,743

The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division of State Funding at the Texas Education Agency, Telephone #512-463-9238.

T1 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
355,459,400 2,699,460 352,759,940 4,366,130 351,093,270 348,393,810

T1 = School district taxable value before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value after the loss to the additional $10,000 homestead exemption

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

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